275 13th St NE APT 502AtlantaGA30309
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Atlanta at 275 13th St NE APT 502, Atlanta, GA, 30309 generates $2,873/mo in rent and, after a $1,772/mo payment, leaves $670/mo in cash flow. Total monthly income is $2,873/mo, and annual cash flow is $8,035/yr on $120,003 invested. Return on cash invested sits at 26.61% in year one, and rental yield is 9.52% on a $362,000 entry. Equity gained on principal adds $2,336/yr, while 5% annual appreciation builds toward $100,014 over five years. Five-year ROI reaches 138.63% and total cumulative return in cash sums $166,357. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,873/mo property income rather than buyer’s personal income.
Condo
Built in 2005
958.32 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30309, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,321 (100%) |
| Owner Occupied HU | 8,399 (31.9%) |
| Renter Occupied HU | 13,608 (51.7%) |
| Vacant Housing Units | 4,314 (16.4%) |
| Median Home Value | $602,425 |
| Average Home Value | $774,843 |
Housing Distribution
Address Breakdown
Residential
23,827
Single Family
7,255
Multi-Family
16,572
Businesses
1,669
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